Torge Company bought a machine for $65,000 cash. The estimated useful life was five years, and the estimated residual value was $5,000. Assume that the estimated useful life in productive units is 150,000. Units actually produced were 40,000 in year 1 and 45,000 in year 2 Required: 1. Determine the appropriate amounts to complete the following schedule. Depreciation Expense for Year 1 Year 2 Book Value at the End of Year 1 Year 2 Method of Depreciation Straight-line Units-of-production Double-declining-balance 2-a. Which method would result in the lowest net income for Year 12 Double-declining balance Units-of-production Straight-line 2-6. Which method would result in the lowest net income for Year 2? Double-declining-balance O Straight-line Units-of-production 3. Which method would result in the lowest fixed asset turnover ratio for year 12 Double-declining-balance Units-of-production O Straight-line